News

Extensive and timely coverage of the institutional industry.

People Moves
Former Bessemer Trust CIO To Join Bridgewater As Senior Investor

Rebecca Patterson will join Bridgewater Associates as a senior member of its investment research team.

12.20.19
Consultant/OCIO/Discretionary
Empire State Deferred Comp Plan Issues Investment Advisor RFP

A county deferred compensation plan in the Northeast has issued an RFP seeking investment advisory services.

12.20.19
People Moves
PIMCO EM Portfolio Mgmt. Team Head To Retire After Sabbatical

Mike Gomez, managing director and head of the emerging markets portfolio management team at PIMCO, will retire from the firm after his six-month sabbatical.

12.20.19
Fixed-Income
Northeast Plan Eyes High-Yield, Global Fixed-Income Mgr. Terminations

A Northeast pension plan was expected to terminate two fixed-income managers at a meeting this week.

12.20.19
People Moves
Morgan Stanley Wealth Management Loses 3 Advisors To Raymond James
Financial Advisors Derek Ciampini, David Moran and Wendy Coppola joined Raymond James Financial on
12.20.19
Multi-Asset/Investment Advisor
Florida City Seeking Investment Manager

A Florida city is looking for an investment manager to handle its nearly $400 million portfolio.

12.20.19
In The News
Harvest Partners Banks At Least $4 Billion For Latest Buyout Fund

Harvest Partners has gathered at least $4 billion for its eighth midmarket fund, making the vehicle the largest the firm has raised to date.

12.20.19
Alternatives
Texas Plan Bolsters Private Markets Portfolios

A Texas-based pension plan added follow-on commitments in private credit and private equity this week.

12.20.19
Mid-Cap
Great Lakes Plan Eyes Active Mid-Cap Mandate

A Great Lakes-based pension plan is considering the addition of an active mid-cap equity mandate.

12.20.19
In The News
Mormon Church Has Misled Members On $100 Billion Tax-Exempt Investment Fund, Whistleblower Alleges

A former investment manager alleges in a whistleblower complaint to the Internal Revenue Service that the Church of Jesus Christ of Latter-day Saints has amassed about $100 billion in accounts intended for charitable purposes, according to a copy of the complaint obtained by The Washington Post.

12.20.19